The Boston Red Sox were busy on Sunday as they signed free agents Brad Penny and Josh Bard. Penny played for the Los Angeles Dodgers last year and went 6-9 with a 6.27 ERA in 17 starts and two relief appearance. Bard played for the San Diego Padres in 2008 and hit .202 in 57 games.

Penny will be signing a one year deal that is being rumored to be worth $5 million. He will probably be a back of the rotation guy and a pitcher that the team will have to be careful with due to past injuries.

The Bard agreement is a nonguaranteed major-league deal worth $1.6MM.

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The Boston Red Sox have gave American League MVP Dustin Pedroia an extension and a hefty raise as well we have learned. The second basemen has a signed a six-year extension worth $40.5 million that will keep him in a Red Sox uniform through the 2014 season. There is an option for the 2015 as well in the contract.

Pedroia led the AL in hits, runs and doubles in helping the Red Sox win the wild-card berth. He batted .326 with 17 home runs and 83 RBIs and also stole 20 bases.

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Good news Red Sox fans, it looks like Japanese pitcher Junichi Tazawa has agreed to sign a three year contract with the Boston Red Sox. Tazawa is a 22 year old right handed pitcher who asked not to be drafted in Japan’s draft because he wanted to come to the United States to play baseball.

Tazawa will be in Boston this week to take a physical and if that passes he is expected to sign a three year contract and begin in the minor leagues. Even though he is expected to begin in the minors after signing the three year deal, Tazawa will be the property of the Red Sox for six years before he can actually become a free agent.

He turned down contract offers from the Seattle Mariners, Texas Rangers, and Atlanta Braves in favor of the Sox.

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